AN ACT relating to carbon capture and sequestration projects.
Create new sections of subchapter 20 of KRS Chapter 224. to establish definitions for "authorized area project," "CAER," "carbon sequestration," " KGS," "operator," "post-injection," and "sequestered gas;" establish requirements for carbon sequestration projects; require the transfer of rights, title, interests, benefits, claims, credits, allocations, or offsets in sequestered gas; require an environmental covenant on surface and subsurface; require KGS to monitor the sequestered gas; prohibit the Commonwealth from removing the gas unless for reasons of research and development, protecting the health, safety, and environment, or upon direction by a court of competent jurisdiction.